High-profile auction house Sotheby’s has reportedly disclosed details regarding its decision to add Ether (ETH) to the list of viable measures for bidding in real-time for its Nov. 18 auction. 

Specifically, Sotheby’s further revealed that the initiative will be the first time ever an auction house includes crypto in real time as a standard payment measure for an auction on a physical work of art.

The auction reportedly comes with the title The Now Evening Auction features Banksy’s “Trolley Hunters,” and “Love Is In The Air.”

Despite the bidding prices being disclosed in ETH, winning bidders will reportedly have the opportunity to choose from a selection of Ether, Bitcoin (BTC) or USD Coin (USDC) to complete the payment for their pieces. 

Sotheby’s initially started accepting BTC and ETH as payment in May this year, supporting a different Banksy auction. It has thrown its weight behind nonfungible token (NFT) initiatives, financial-wise, including offering seed funding for NFT studio and blockchain tech platform Mojito.

It additionally introduced a metaverse-themed NFT platform with Pranksy, PleasrDAO, Paris Hilton, as well as others serving as curators in October.

Sotheby’s is reportedly accompanied by a variety of different auction houses involved in crypto and blockchain, however.

Its rival – auction house Christie’s – reportedly took the leading role in including ETH in the list of viable means of payment for a CryptoPunks auction organized in May. 

Christie’s also famously auctioned off Beeple’s, “The First 5000 Days,” for more than $69 million.